Data as of Nov 12, 2026.
LOCT vs OVQ: Dividend Yield & Total Return
Return, fees and overlap, side by side.
Pair scorecard
LOCT costs 0.18 points a year less.
Points (pts) are percentage points.
| Measure | LOCT | OVQ |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +5.1% | not published |
| Price change | fell 0.3% (1 year) | fell 2.9% (since Oct 23, 2026) |
| Return of capital, issuer estimate | 35% of the Nov 2, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Vanguard S&P 500 ETF, measured through VOO | not published |
| Against its benchmark, same days | behind by 7.0 pts | |
| Cost and size | ||
| Expense ratio | 0.79% | 0.97% |
| Net assets | $12m | not read by ETFIQ |
| Holdings | ||
| Holdings in common | not published | |
7 pts behind VOO
LOCT over 1 year: paid 5.2%, price −0.3%, total +5.1%, VOO +12.1%, −7.0 pts. Data to Nov 12, 2026.
VOO
+12.1%
LOCT
+5.1%
5.2% of it arrived as cash
7 pts behind VOO
Total return, distributions reinvested
7 pts behind VOO
LOCT over 1 year: paid 5.2%, price −0.3%, total +5.1%, VOO +12.1%, −7.0 pts. Data to Nov 12, 2026.
VOO
+12.1%
LOCT
+5.1%
7 pts behind VOO
5.2% of it arrived as cash. Total return, distributions reinvested. LOCT over 1 year: paid 5.2%, price −0.3%, total +5.1%, VOO +12.1%, −7.0 pts. Data to Nov 12, 2026.
Data to Nov 12, 2026.Not measured
OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.
OVQ
−2.9%
Total return, distributions reinvested
Not measured
OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.
OVQ
−2.9%
0.0% of it arrived as cash. Both charts share one scale, with zero at the line. OVQ since launch: paid 0.0%, price −2.9%, total −2.9%, not measured against a benchmark. Data to Nov 12, 2026.
Data to Nov 12, 2026.Side by side
As of Nov 12, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | LOCT | OVQ | LOCT | OVQ | LOCT | OVQ |
| 3 months | +0.7% | – | 1.3% | – | +3.1 pts | – |
| 6 months | +2.0% | – | 2.6% | – | +0.2 pts | – |
| 1 year | +5.1% | – | 5.2% | – | −7.0 pts | – |
| 3 years | +17.1% | – | 16.7% | – | −61.7 pts | – |
| Since launchNot the same days: LOCT Oct 2023 · OVQ Oct 2026 | +18.9% | −2.9% | 17.5% | 0.0% | −65.2 pts | not measured |
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LOCT
Over the year to Nov 12, 2026, LOCT paid 5.2% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +5.1%. Vanguard S&P 500 ETF (VOO) returned +12.1% over the same days, so a holder was behind by 7.0 pts. At its price on Nov 12, 2026 the latest distribution annualizes to 5.8%, paid monthly. Innovator estimates that 35% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
OVQ
Over the period from its first trade on Oct 23, 2026 to Nov 12, 2026, OVQ paid 0.0% of its starting value in cash distributions while its price fell 2.9%. With every distribution reinvested, the fund returned −2.9%.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, LOCT against OVQ, data as of Nov 12, 2026. https://etfiq.com/compare/income/loct-vs-ovq
ETFIQ. (Nov 12, 2026). LOCT against OVQ. Retrieved from https://etfiq.com/compare/income/loct-vs-ovq
[LOCT against OVQ (ETFIQ, Nov 12, 2026)](https://etfiq.com/compare/income/loct-vs-ovq)
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LOCT and OVQ both write options for income.